In 2017, the fast-food giant sold control of its restaurants in mainland China, Hong Kong and Macao to Carlyle and Citic.
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Japan and China exchange barbs after PM Takaichi’s remarks over Taiwan
Recent Posts
McDonald’s increases its minority stake in China business with Carlyle deal
McDonald’s Buys Back Minority Stake in China Business
Carlyle acquired its stake in McDonald’s (ticker: MCD) in 2017, when the company sold its operations in mainland China and Hong Kong to a locally led consortium for $2.1 billion. CITIC Capital, an …
Traveling to Prove China Is Not Our Enemy
CODEPINK is a feminist grassroots organization working to end U.S. wars and militarism, support peace and human rights initiatives, and redirect our tax dollars into healthcare, education, green jobs …
McDonald’s is acquiring a bigger stake in its China business
McDonald’s is taking a bigger chunk of China. The burger giant on Monday said it has agreed to acquire the stake in its China operator currently owned by Carlyle. Terms of the deal were not…
McDonald’s increases stake in the partnership that runs the business in China
McDonald’s Corporation (NYSE:MCD) announced on Monday that it has agreed to acquire Carlyle Group’s (CG) minority ownership stake in the strategic partnership that operates and manages the restaurant …
McDonald’s Increases Ownership in China Business
McDonald’s announced Monday that it’s bolstering its investment in China, the brand’s second-largest market behind the U.S. The burger giant agreed to acquire the minority ownership stake of global …
Hybrid vehicle sales surge in China, posing fresh threat to foreign automakers
As EV makers in China wage an intense price war to prop up slowing demand, Chinese brands with strong hybrid lineups are emerging as winners, attracting consumers with vehicles with long range that …
Taiwan’s Presidential Frontrunner Faces a Balancing Act With China
Today, Lai, 64, is the frontrunner in January elections to replace outgoing President Tsai Ing-wen, who belongs to the same Democratic Progressive Party (DPP) but is ineligible to stand for a third …
Farewell China rainmakers! Beijing’s new financial order leaves little room for super middlemen
While China’s rainmakers have been essential to the country’s great market opening, corruption concerns and a changing geopolitical balance have seen them pushed to the sidelines.
Hong Kong’s GEM board needs more radical reform as proposed changes fail to address IPO drought, industry players say
High fundraising costs, a lengthy vetting process and uncertainties about approvals have turned smaller firms away from Hong Kong’s moribund secondary board Bankers and brokers call for more radical …
‘Respect the facts’: Beijing rejects Australian claims China sonar injured navy divers
Beijing overnight rebuffed Canberra’s version of the maritime altercation between two warships off Japan’s coast last Tuesday. China’s foreign ministry spokesperson Mao Ning said overnight: “We hope relevant parties will stop making trouble in …
China Faces Nightmare Candidates in Taiwan Election
Taiwan’s ruling Democratic Progressive Party (DPP) unveiled on Monday its presidential ticket for the upcoming January election, with current Vice President Lai Ching-te accompanied by running mate Hsiao Bi-khim.
Maria Bartiromo Floats Bonkers New COVID Conspiracy About Trump and China
While “just asking questions,” the once-respected anchor suggested China unleashed COVID-19 on the world just to destroy Trump.
